| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Farm to retail price spread | Agriculture | The difference between the farm price and the retail price of food, reflecting charges for processing, shipping, and retailing farm goods. The current spread accounts for about three-fourths of the retail price for a market basket of foods, according to USDA. The farm value accounts for about 51% of the retail cost of eggs, compared to 19% for processed fruits and vegetables. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||